Solve the problem. Round to the nearest cent. Brad wants to have available to buy a car in 5 years. How much must he deposit now at compounded monthly to reach that goal?
Group of answer choices

$22,366.96

$12,395.17

$22,905.95

$12,920.84

answer: the answer is one of

step-by-step explanation:   we are given to write a proper fraction where the whole is divided into an even number of equal parts less than ten, and an odd number of those parts exist.

an even number less than 10 may be one of 2, 4, 6 or 8. so, the whole may be one of these four evens.

now, an odd number of these parts must exist, so the numerator must be an odd number, one of 1, 3, 5 or 7. it cannot be 9 because then the fraction will become improper.

thus, our fraction may be one of the following

mx+89b(-98)nb

step-by-step explanation: